Heterodox
We are witnessing a historic moment. DB's Jim Reid concludes the overnight wrap When you’ve worked through the Asian crisis, the Russian/LTCM crisis, the 2000 equity bubble collapsing, the GFC, the European sovereign crisis, and several other smaller wobbles it takes a lot to stun you in financial markets. However the weekend news-flow and overnight price action in oil - just at a time a beaten up market could have done without it - has done that and deserves its own place in the history...
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